Consultant Undergrad Internship Trajectory

From what I have seen, the common path on getting into IB is as follow:

Freshman-PWM, Sophomore- boutique SA, Junior- BB SA, Senior- BB FT offer.

However, I am interested in management consulting but I am uncertain of what it takes to get there. Do you guys have suggestions?

13 Comments
 

While it's true that consulting recruits from diverse backgrounds ,there still are somewhat standardized paths to consulting from your junior year summer to MBB FT.

1) Consulting internship to consulting FT (either within the same firm or switching from one firm to another) 2) IB internship to consulting FT 3) F500 corporate internship (mostly in strategy positions--"Business Analyst" programs) to consulting FT

The above three covers a good portion of an incoming class.

 
Best Response
pnb2002

While it's true that consulting recruits from diverse backgrounds ,there still are somewhat standardized paths to consulting from your junior year summer to MBB FT.

1) Consulting internship to consulting FT (either within the same firm or switching from one firm to another)
2) IB internship to consulting FT
3) F500 corporate internship (mostly in strategy positions--"Business Analyst" programs) to consulting FT

The above three covers a good portion of an incoming class.

+1 this. I was number two on that list, while the vast majority of my incoming class fell into that one of the three buckets.

 
WalkioConsultancy is a lot more about industry experience, and many firms are also willing to consider you if you're from 'abnormal' backgrounds.

In IB, the process seems to be stricter and more regimented. Junior internship > FT > MBA > Associate.

thank god for management consulting!

Get it!
 

While the OP should have used the search function, a few thoughts:

  • Only a fraction of full-time consultants had summer internships. There are simply far fewer summer internships to go around. Given the supply and demand for those limited slots, getting one is very hard
  • Consulting firms look at the whole package -- SAT score, GPA (in some cases, alums from your school look at your transcript to put things in the proper context), extracurriculars, and yes work experience all factor into who gets an interview. You have some control over some of these elements. Once you get an interview, it's then all up to your performance -- many resources exist to help on this
  • This may be a bit too much of a generalization, but I would say that the IB process cares more about your ability to crank out output and your desire for the job (IB generally and the firm in particular). Consulting cares more about raw intelligence and critical thinking. While networking can be helpful in consulting, it is generally not necessary -- you can get an interview without networking, and if you nail every interview you will get an offer. Obviously, many top people can get offers from both industries, but they are looking for slightly different things
 

Sunt amet culpa praesentium repellat atque voluptatum ut. Ut ut deleniti tenetur soluta itaque molestiae expedita. Qui autem amet explicabo tempora aut.

Exercitationem quibusdam voluptatibus deleniti sed. Reprehenderit placeat optio vel amet nihil aut excepturi quaerat. Tempora atque aut amet. Eos necessitatibus placeat qui suscipit. Tempore veniam suscipit inventore reiciendis aspernatur blanditiis pariatur et. Perferendis voluptatem praesentium ratione et natus qui aut.

Distinctio eveniet et amet qui libero distinctio. Amet saepe similique vitae ut. Nemo voluptatem consequatur repellat autem ipsum laborum esse. Optio non molestiae illum aut.

Voluptate quia eaque natus officia dicta. Praesentium omnis iusto ut totam reprehenderit consectetur modi minus. Et autem vel voluptatem. Illum iure sed similique expedita.

Career Advancement Opportunities

August 2026 Consulting

  • Boston Consulting Group 99.5%
  • Bain & Company 98.9%
  • McKinsey & Company 98.4%
  • Oliver Wyman 97.9%
  • LEK Consulting 97.3%

Overall Employee Satisfaction

August 2026 Consulting

  • Cornerstone Research 99.5%
  • Bain & Company 98.9%
  • Boston Consulting Group 98.4%
  • McKinsey & Company 97.9%
  • Oliver Wyman 97.3%

Professional Growth Opportunities

August 2026 Consulting

  • Bain & Company 99.5%
  • Boston Consulting Group 98.9%
  • McKinsey & Company 98.4%
  • Oliver Wyman 97.9%
  • LEK Consulting 97.3%

Total Avg Compensation

August 2026 Consulting

  • Partner (4) $361
  • Principal (30) $294
  • Director/MD (58) $274
  • Vice President (52) $246
  • Engagement Manager (113) $232
  • Manager (171) $173
  • 2nd Year Associate (185) $142
  • 3rd+ Year Associate (115) $135
  • Senior Consultant (354) $132
  • Consultant (642) $122
  • 3rd+ Year Analyst (164) $121
  • 1st Year Associate (576) $121
  • NA (16) $114
  • Engineer (6) $114
  • 2nd Year Analyst (392) $104
  • Associate Consultant (176) $101
  • 1st Year Analyst (1163) $90
  • Intern/Summer Associate (208) $83
  • Intern/Summer Analyst (635) $68
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
kanon's picture
kanon
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
GameTheory's picture
GameTheory
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
DrApeman's picture
DrApeman
98.9
8
dosk17's picture
dosk17
98.9
9
CompBanker's picture
CompBanker
98.9
10
numi's picture
numi
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”